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Stock impact report

TechnipFMC and Cairn Join Forces for Deepwater Exploration in India [Yahoo! Finance]

TechnipFMC plc Ordinary Share (FTI) 
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.technipfmc.com
Company Research Source: Yahoo! Finance
The collaboration will tap TechnipFMC's expertise and cutting-edge technologies, ensuring efficiency and innovation in project delivery. Details of the Partnership The companies entered the deal at the CERAWeek S&P Global energy conference in Houston, TX, aiming to boost India's offshore energy potential. The agreement includes the use of TechnipFMC's integrated Front-End Engineering and Design (iFEED™) model, where early engagement will optimize project performance utilizing its Subsea Production Systems (SPS) and Subsea Umbilicals, Risers and Flowlines (SURF) work scopes. The partnership will also utilize FTI's integrated Engineering, Procurement, Construction and Installation (iEPCI™) model to deliver the project efficiently. Accelerating India's Deepwater Goals Cairn Oil and Gas, India's largest private oil and gas exploration and production company and part of Vedanta Group, currently contributes about 25% of India's domestic crude oil production and aims to nearly double Show less Read more
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